The high PE is due to the fact they will open 2 million stores in the next 12 months - in the form of Kindle Touch and Kindle Fire.

3:28 pm October 25, 2011

@ Brent wrote :

Why do you ask foolish questions. Oh by the way Apple blows!!!!! Thank you for your attention to this matter

4:17 pm October 25, 2011

Harry Tuttle wrote :

There is nothing wrong with Amazon or their strategy. The problem is with those who believe Wall St. analysts get paid to "value" anything. Their job is to generate excitement among those easily excitable.

4:31 am October 26, 2011

Lalit wrote :

Amazon's EPS hit is mainly due to discretionary opex the company is doing and there is ample scope of margin improvements once this reinvestment cycle is over. Here is what some of the sell side analysts are saying on the no.s: